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Cryptocurrency: What You Need To Know | Cryptocurrency 101: What Is It?
Repost
3 years ago
2
Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the goods or services that you’ve received from the company to access these services. Cryptocurrency work using a technology called blockchain, which manages and records transactions.
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